On Sept. 20, the United Nations (UN) Human Rights Council published the UN Human Rights Office Report regarding human rights issues that have developed due to the War on Drugs. This report was created by request of the Office of the High Commissioner for Human Rights in April 2023,... Read more
Banking institutions are in a race to allow cannabis businesses ahead of imminent changes in the way cannabis is classified at the federal level, according to federal data. Cannabis remains prohibited at the federal level, but the U.S. Health & Human Services Department (HHS) recommendation to reclassify cannabis from... Read more
A new study conducted by New York’s Columbia University researchers used a massive database from the U.S. Centers of Disease Control’s National Health and Nutrition Examination Survey in an effort to determine whether cannabis users had higher levels of any of 17 different metals in their blood or urine. ... Read more
A bill recently introduced in Michigan would legalize psychedelic plants and fungi so long as activities like cultivating and distributing the substances are done “without receiving money or other valuable consideration.” Senate Bill 449, sponsored by Sen. Jeff Irwin (D), would apply to five substances—psilocybin, psilocyn, dimethyltryptamine (DMT), ibogaine... Read more
As Senate Majority Leader Chuck Schumer (D-NY) works to advance a bipartisan marijuana banking bill, he’s also calling on supporters to join him in demanding that the federal government legalize marijuana. In a campaign email blast this week, the senator said “it’s time to legalize marijuana nationwide” and asked... Read more
You’re reading a copy of this week’s edition of the New Cannabis Ventures weekly newsletter, which we have been publishing since October 2015. The newsletter includes unique insight to help our readers stay ahead of the curve as well as links to the week’s most important news. Friends, The... Read more
Two GOP senators, including the lead Republican sponsor of a marijuana banking bill, have officially filed new legislation to prevent federal agencies from rescheduling cannabis without tacit approval from Congress. Sens. Cynthia Lummis (R-WY) and Steve Daines (R-MT) are sponsoring the Deferring Executive Authority (DEA) Act, which they briefly... Read more
Ohio’s secretary of state has ordered a county election board to certify a local marijuana decriminalization initiative for the November ballot—meaning that three Ohio localities will be deciding on the reform at the same time voters across the state will have the chance to pass a full legalization measure.... Read more
Republican presidential candidate Vivek Ramaswamy is proposing a dramatic restructuring of the federal government’s workforce, in part by eliminating certain agencies like the FBI. But, at the same time, he wants to keep and significantly expand the Drug Enforcement Administration (DEA) despite having criticized the broader war on drugs.... Read more